| TQQQ latest price $50.2300 (-4.23%) ($49.4100 - $50.2300) on Thu. Mar. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.53% (three month average) |
RSI | 39 |
Latest Price | $50.2300(-4.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -4.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(98%) XLK(97%) VT(91%) XLY(91%) XLC(89%) |
Factors Impacting TQQQ price | TQQQ will decline at least -4.265% in a week (0% probabilities). VIXM(-65%) UUP(-39%) VXX(-17%) TBT(-11%) EDOC(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.265% (StdDev 8.53%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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